What is Compliance and Risk Management: Key Differences

In fintech, compliance and risk management are closely connected, but they are not the same function. Both contribute to a financial institution’s control environment and may appear together in governance and management reporting. However, they address different questions and cover different areas of responsibility. Compliance focuses on meeting applicable legal, regulatory and internal requirements. Risk […]

Separate KYC, AML, and KYB Tools vs One Integrated Solution

Separate KYC, AML & KYB Tools vs One Integrated Platform: Which Approach Is Right for Your FinTech? As fintech businesses grow, compliance becomes increasingly complex. Customer onboarding, transaction monitoring, sanctions screening, and business verification often involve multiple systems that must work together seamlessly. One of the most important technology decisions for payment service providers, Electronic […]

Common Compliance Mistakes Fintech Startups Make

The fintech industry continues to grow rapidly, but so does regulatory scrutiny. Financial regulators across the world are placing greater focus on how fintech companies manage compliance, customer protection, anti-money laundering (AML), and data security. In the first half of 2025 alone, regulators issued 139 penalties worth more than $1.23 billion globally, with many enforcement […]

UK AML Compliance for EMIs and PIs: FCA Requirements and Best Practices

The UK payments sector continues to evolve rapidly. Electronic Money Institutions (EMIs) and Payment Institutions (PIs) are handling increasing volumes of customer funds, cross-border payments and increasingly complex payment flows. At the same time, regulatory expectations around financial crime controls, safeguarding, governance and operational resilience continue to develop. For firms operating in the UK, Anti-Money […]